WBD Networks, also known as Discovery, is a privately owned company headquartered in the US. It is a subsidiary of Warner Bros. Discovery. Founded in 1985, it employs approximately 6580 people and reported $17.7B in revenue as of 2025. WBD Networks functions as a global broadcaster and media company, specializing in entertainment products. Its extensive portfolio of brands includes Discovery Channel, HGTV, Food Network, TLC, Investigation Discovery, Travel Channel, MotorTrend, Animal Planet, Science Channel, OWN: Oprah Winfrey Network, the multi-platform JV with Chip and Joanna Gaines called Magnolia Network in the U.S., Discovery Kids in Latin America, and Eurosport, a provider of locally relevant, premium sports and Home of the Olympic Games across Europe. The company was previously known as Discovery, Inc. Its subsidiaries include BluTV, Cable News Network (CNN), Discovery Networks International, Discovery Networks U.S., Eurosport, Motortrend Group, Otter Media Holdings, Play Sports Group, TNT, TNT Sports (BT Sport), TNT Sports (Chile), TNT Sports (US), TVN Warner Bros. Discovery, Turner Broadcasting Systems (TBS), Warner Bros. Discovery Germany, and Warner Bros. Discovery New Zealand.